Portfolio Accountant

Location: New York

Job Detail Experience Level Senior Degree Type Bachelor of Arts (BA)
Employment Full Time Working Type Hybrid Job Reference Salary Type Annually Industry Private Equity;

Real Estate Selling Points Excel in portfolio accounting for a leading investment firm with global reach. Leverage your expertise in real estate accounting and financial analysis. Collaborate on impactful projects and advance your career.

Job Description Portfolio Accountant Overview The Portfolio Accountant will manage financial reporting and accounting for a portfolio of real estate investments.

Analyze property financial reports including income statements, balance sheets, and cash flow statements for accuracy and variance explanations.

Perform investment-level accounting tasks such as acquisition entries, fair value adjustments, and portfolio consolidations.

Monitor portfolio cash needs, including funding requests and distribution requirements.

Calculate portfolio investment returns, assets under management, and fees for designated portfolios.

Prepare quarterly investor reporting, including investor and fee statements.

Assist with new legal entity setups and recurring journal entry roll-ups within accounting systems.

Collaborate with auditors and tax consultants during annual engagements and quarterly tax estimates.

Contribute to special projects as required to support portfolio accounting functions.

Portfolio Accountant

Key Responsibilities & Duties Review and analyze property-level financial reports for accuracy and provide variance explanations.

Perform investment-level accounting tasks, including consolidations and reporting.

Monitor and forecast portfolio cash activity and client distribution requirements.

Calculate investment returns and manage fee structures for portfolios.

Prepare investor and fee statements for quarterly reporting.

Coordinate with auditors and tax consultants for compliance and reporting.

Set up new legal entities and manage journal entries within accounting systems.

Support special projects and initiatives related to portfolio accounting.

Ensure compliance with debt obligations and maintain portfolio support schedules.

Portfolio Accountant

Job Requirements Bachelor’s degree in Accounting or Business is required.
2-5 years of accounting experience, preferably in real estate or public accounting.

CPA certification or progress towards certification is preferred.

Proficiency in Microsoft Excel; knowledge of MRI or similar systems is a plus.

Strong analytical skills with the ability to solve complex problems independently.

Excellent verbal and written communication skills are essential.

Ability to meet tight reporting deadlines in a dynamic environment.

Highly motivated self-starter with strong interpersonal skills.

Experience with audit processes and tax compliance is advantageous.